Albany International is a global advanced textiles and materials processing company with two core businesses.
Machine Clothing (MC) is the world’s leading producer of custom-designed fabrics and belts essential to production in the paper, nonwovens, and other process industries. MC has a global market share of approximately 30%, compared to 15% estimated share for the next largest competitor.
Albany Engineered Composites (AEC ) is a rapidly growing supplier of highly engineered composite parts for the aerospace Industry. AEC is the sole supplier of fan blades, fan cases and other advanced composite components for the CFM LEAP engine; current estimates for annual LEAP production rates are approximately 1600 engines by the end of the decade, for which AEC will deliver approximately 100,000 parts per year.
Albany International is headquartered in Rochester, New Hampshire, and operates 18 plants in 11 countries (United States, Canada, Mexico, Brazil, France, United Kingdom, Germany, Italy, Sweden, China, and South Korea), employs 4,000 people worldwide, and is listed on the New York Stock Exchange (Symbol AIN).
Albany International Corporation was founded in 1895 and is headquartered in Rochester, US
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Closing share price
Albany International Corporation's current market capitalization is $1.51 B.
Albany International Corporation Market Value History
Market Position – advanced materials, clothing, Manufacturing & Industrial, textiles